40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Risen Energy Boosts Market Share with Its 210 Wafer-Based Titan Series Modules Updated On Thu, Feb 25th, 2021 by Saurenergy The year is off to a good start at solar panel maker, Risen Energy Co., Ltd., with the first export shipment of its 210 wafer-based Titan series modules, auguring excellent growth prospects for the firm in global markets. Risen Energy has completed the delivery of the world’s first 210 module order consisting of the high-efficiency Titan […] Read more
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more
Ashok Leyland Running 60% of Countrywide Operations With Clean Energy Updated On Thu, Feb 18th, 2021 by Saurenergy Ashok Leyland has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. Ashok Leyland, the flagship commercial vehicle manufacturer of the Hinduja Group has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. The firm has detailed that now […] Read more
Senior Manager – Supply Quality (Electrical) Updated On Wed, Jan 27th, 2021 by Saurenergy Roles & Responsibilities: Understanding customer requirements during bidding, highlighting deviation approvals required if any. Budget preparations for material inspections in project execution. New Vendor assessments proposed by procurement. Preparation of MQAP / Revision w.r.t to learnings at frequent intervals. Failure analysis with vendors if any during FAT, Stage insp. & Type Test. Material stage & […] Read more
Sterling And Wilson Completes 25 MW Oman Project for Shell Updated On Wed, Jan 27th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has successfully commissioned its second project in Oman. The 25 MW solar project was awarded to SWSL by global energy company Shell. Creditably, SWSL commissioned this project on time with more than 300,000 safe manhours during the pandemic by following all the […] Read more
